Lumentum (LITE) Stock Hits Record High on AI Datacenter Boom as Analysts Flag 20–40% Downside Risk – December 4, 2025
Lumentum Holdings Inc. (NASDAQ: LITE) has surged into the center of the AI infrastructure trade. As of December 4, 2025, the stock is trading around $325–$326 per share, near a fresh all‑time high, and has risen well over 200% in the last 12 months.StockAnalysis+1 Yet behind the euphoria, a growing chorus of Wall Street and independent analysts warn that valuation has run ahead of fundamentals, with most 12‑month price targets sitting well below today’s price.StockAnalysis+2GuruFocus+2 Below is a deep dive into the latest news, forecasts and analysis as of December 4, 2025, for investors tracking Lumentum’s extraordinary run. Lumentum at